Redundancy in Local Government

Sapphire

ali-t wrote: »

I don't know much about pension regulations but 50 is the age it was offered from and the age that many took it from. The text below is from a newspaper article about it

The policy adopted last year gave employees aged 50-plus the chance to retire. Their years of pensionable service were increased on a sliding scale, depending on how long they had worked.
Anyone who had completed at least 30 years had five years added, while those who had been employed for less than 10 years received one extra year.
Redundancy payments of up to 30 weeks' pay, limited to the statutory maximum of £380 per week, were offered to other workers who were ineligible for the enhanced pension.

Wow! I must say these public sector payoffs are extraordinarily generous compared with most of those in the private sector! And all at the taxpayer's expense...

daisyf_2

I got made redundant from the public sector last month and mine certainly wasnt generous xx